2019 Senate Bill 286

Mandate more MCCA disclosures

Introduced in the Senate

April 25, 2019

Introduced by Sen. Pete Lucido (R-8)

To require the Michigan Catastrophic Claims Association (MCCA) to disclose the actuarial computations used in rate setting. The MCCA is the reinsurance provider that covers unlimited vehicle crash medical claims when they go above $545,000 coverage (currently) that is mandated by the state no-fault auto insurance law.

Referred to the Committee on Insurance and Banking